GridGain Closes $2.5 Million Series A Funding
Summary
The company will use the new funding to accelerate growth, continue innovation in real time big data processing, and expand its global market share. With a solid technological foundation, GridGain lets businesses stem the swelling information tide, and enables them to make real-time decisions according to their rules without breaking the bank for refrigerator-sized data appliances. The investment rationale is simple: lucrative and growing market, unique company-created technology, and a smart founding team that proved they can build product before asking for money -- thats RTPs strike zone. ""The funding we received in our Series A round is a strong endorsement of GridGain’s market opportunities and the high growth potential for companies focused on enabling real time live data processing and analytics. Find our more at http://www.rtp.vc GridGain Systems Java-based open source middleware platform allows companies to harness live data for smarter, faster real time processing and analytics.
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